Today’s Editorial is all about gold!
With investor buying up the precious metal, gold futures hit a high of $1,442.90, up 9.6% this month.
Gold hit a six-year high on Tuesday and is on pace for the best monthly performance since February 2016.
You can access the report at the following link: … CNBC_062519KR
eResearch is pleased to provide an article written by Katie Rooney for CNBC Editorial. [more]
Continental is currently developing its 100%-owned Buriticá project in Colombia and expects production to start product in 2020, averaging over 250,000 gold ounces per year with a mine life of 14 years and an AISC of US$600 per ounce. [more]
The consideration to be paid by Yamana consists of approximately C$60.8M in cash, C$91.2M in Yamana shares, and a newly-formed spin-out company valued at C$47.5M. With over 3 million ounces of gold resources, the transaction values Monarch at over US$43 per resource ounce or over US$86 per reserve ounce. [more]
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